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Exercise 1 2 - 5 ( Algo ) Preference Ranking [ LO 1 2 - 5 ] Information on four investment proposals is given below:

Exercise 12-5(Algo) Preference Ranking [LO12-5]
Information on four investment proposals is given below:
Required:
Compute the profitability index for each investment proposal. (Round your answers to 2 decimal places.)
Rank the proposals in terms of preference.
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